Lessons from International Experience in Designing the Development Bank of Nigeria

Nigeria has recorded robust growth for more than a decade, and its economy has become more diversified with less reliance on oil, although oil revenue remains a critical source of fiscal revenues and foreign exchange. The recent plunge in oil price...

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Main Author:	World Bank Group
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION BANKING SYSTEM INVESTMENT PROMOTION SME FINANCE
Online Access:	http://documents.worldbank.org/curated/en/365141527009626947/Nigeria-development-finance-study-lessons-from-international-experience-in-designing-the-Development-Bank-of-Nigeria http://hdl.handle.net/10986/30048

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recordtype	oai_dc
spelling	okr-10986-300482021-05-25T09:15:00Z Lessons from International Experience in Designing the Development Bank of Nigeria World Bank Group DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION BANKING SYSTEM INVESTMENT PROMOTION SME FINANCE Nigeria has recorded robust growth for more than a decade, and its economy has become more diversified with less reliance on oil, although oil revenue remains a critical source of fiscal revenues and foreign exchange. The recent plunge in oil prices demonstrates how exposed economic growth and the fiscal situation remain to changes in oil prices. Reducing the impact of volatility in oil prices will be important in sustaining growth and thereby reducing the unemployment rate on a sustainable basis, especially among young people. Micro, small, and medium-sized enterprises (MSMEs) have a vital role to play in supporting the further diversification of Nigeria's economy. 2018-07-18T20:52:44Z 2018-07-18T20:52:44Z 2016-10 Working Paper http://documents.worldbank.org/curated/en/365141527009626947/Nigeria-development-finance-study-lessons-from-international-experience-in-designing-the-Development-Bank-of-Nigeria http://hdl.handle.net/10986/30048 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Africa Nigeria
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION BANKING SYSTEM INVESTMENT PROMOTION SME FINANCE
spellingShingle	DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION BANKING SYSTEM INVESTMENT PROMOTION SME FINANCE World Bank Group Lessons from International Experience in Designing the Development Bank of Nigeria
geographic_facet	Africa Nigeria
description	Nigeria has recorded robust growth for more than a decade, and its economy has become more diversified with less reliance on oil, although oil revenue remains a critical source of fiscal revenues and foreign exchange. The recent plunge in oil prices demonstrates how exposed economic growth and the fiscal situation remain to changes in oil prices. Reducing the impact of volatility in oil prices will be important in sustaining growth and thereby reducing the unemployment rate on a sustainable basis, especially among young people. Micro, small, and medium-sized enterprises (MSMEs) have a vital role to play in supporting the further diversification of Nigeria's economy.
format	Working Paper
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Lessons from International Experience in Designing the Development Bank of Nigeria
title_short	Lessons from International Experience in Designing the Development Bank of Nigeria
title_full	Lessons from International Experience in Designing the Development Bank of Nigeria
title_fullStr	Lessons from International Experience in Designing the Development Bank of Nigeria
title_full_unstemmed	Lessons from International Experience in Designing the Development Bank of Nigeria
title_sort	lessons from international experience in designing the development bank of nigeria
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/365141527009626947/Nigeria-development-finance-study-lessons-from-international-experience-in-designing-the-Development-Bank-of-Nigeria http://hdl.handle.net/10986/30048
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Lessons from International Experience in Designing the Development Bank of Nigeria

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